Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

if you invest 400 every six month for 10 years with interest rate of 12% per year compounded monthly, then the accumulated value after 12

if you invest 400 every six month for 10 years with interest rate of 12% per year compounded monthly, then the accumulated value after 12 years equalls to (no investment occures in the last two years) O a. 18970 Ob 18975 O c. 18992 O d. 18987 e. 18999

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Safety Auditing A Management Tool

Authors: Donald W. Kase

1st Edition

0471289035, 978-0471289036

More Books

Students also viewed these Accounting questions

Question

★★★★★

What does Warrick's principle refer to in designing controls and displays?

Answered: 1 week ago

Question

★★★★★

=+32.5. Let u be the restriction of planar Lebesgue measure , to the o-field F={A XR1: A R1} of vertical strips. Define v on F by v( AX R') = A2(A X (0, 1)). Show that v is absolutely continuous...

Answered: 1 week ago

Question

★★★★★

A local government has five federal grants. Expenditures amounted to $2,000,000 during the year, as follows: Type A HUD grant, new and never audited.........$600,000 HHS grant, audited last year, no...

Answered: 1 week ago

Question

★★★★★

if you invest 400 every six month for 10 years with interest rate of 12% per year compounded monthly, then the accumulated value after 12 years equalls to (no investment occures in the last two...

Answered: 1 week ago

Question

★★★★★

Write a PHP code with MySql implementation. Create a Form that will: Accept the input for the five tables below. Delete the record for the five tables below Update record for five tables below 2....

Answered: 1 week ago

Question

★★★★★

Eastern Clothing Company is considering manufacturing a new style of shirt, whose data are shown below. The equipment to be used would be depreciated by the straight - line method over its 3 - year...

Answered: 1 week ago

Question

★★★★★

ter 13 Saved Andretti Company has a single product called a Dak. The company normally produces and sells 81,000 Daks each year at a selling price of $64 per unit. The company's unit costs at this...

Answered: 1 week ago

Question

★★★★★

3 . Individual Problems 17-4 Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine. The company could keep it in...

Answered: 1 week ago

Question

★★★★★

First Month of Operations The following transactions took place during the first month of operations of Mother Mollys Childcare. On May 1, Molly invests $50,000 to open Mother Mollys Childcare. On...

Answered: 1 week ago

Question

★★★★★

10. DJIA (LO4, CFA2) On May 31, 2022, the DJIA opened at 33,160.59. The divisor at that time was .15173. Suppose on this day the prices for 29 of the stocks remained unchanged and I stock increased...

Answered: 1 week ago

Question

★★★★★

Consider the redundancy scheme set out in Table 4.6. Make a list of the diffi culties that could be raised by employees, the problems that could be faced in practice and how you would sell the scheme...

Answered: 1 week ago

Question

★★★★★

Automatic telephone screening (case study 3.1) helps to reduce the exclusion of those over 50. Has it any other advantages for minority groups?

Answered: 1 week ago

Question

★★★★★

How objective is an interview? What makes is more objective? What makes it less objective? Should it be regarded as the fi rst part of a programme to socialise an applicant into the organisation? Or...

Answered: 1 week ago

Previous Question Next Question